30 Dec 2013 10:05

30 December 2013
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Capital & Regional plc
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("Capital & Regional" or the "Company")
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Resignation of Xavier Pullen
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Capital & Regional confirms that as announced on 14 August 2013 Xavier Pullen has resigned from the Board effective today.
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As previously noted Xavier will continue to maintain close links with the Company, taking up the role of senior adviser supporting the execution of the strategy for Germany.
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Hugh Scott-Barrett, Chief Executive commented:
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"I would like to thank Xavier for his huge contribution to the Company over many years and look forward to him continuing to play a valuable role going forward."
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Xavier Pullen commented:
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"I am immensely proud of, and have very much enjoyed, my many years at Capital and Regional. I look forward to maintaining contact and continuing to make a meaningful contribution to our German assets going forward"
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ENDS
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For further information:
 Capital & Regional: | |
Hugh Scott-Barrett, Chief Executive | Tel: 020 7932 8121 |
Charles Staveley, Group Finance Director | Tel: 020 7932 8000 |
FTI Consulting: | |
Stephanie Highett Richard Sunderland Will Henderson Aleka Bhutiani | Tel: 020 7831 3113 |
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Notes to editors:
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About Capital & Regional plc
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Capital & Regional is a specialist property company with a strong track record of delivering value enhancing retail and leisure asset management opportunities across a £1.2 billion portfolio, primarily in town centre shopping centres.
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Capital & Regional founded The Mall in conjunction with Aviva Investors. Capital & Regional acts as Property and Asset Manager for the Mall and currently holds 29.26% of this fund.
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Capital & Regional & Ares Management (formerly known as AREA Property Partners) each hold a 50% interest in a German retail property portfolio which is managed by Garigal Asset Management GmbH, in which Capital & Regional holds a 30% interest.Â
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Capital & Regional has a number of other joint ventures and wholly-owned properties.
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For further information, please see www.capreg.com.